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The Pradhan Mantri fasal bima yojana (PMFBY) launched on 18 February 2016 by Prime Minister Narendra Modi is an insurance service for farmers for their yields. [1] It was formulated in line with One Nation–One Scheme theme by replacing earlier two schemes Agricultural insurance in India#National Agriculture Insurance Scheme and Modified National Agricultural Insurance Scheme by incorporating ...
The primary objectives of PMKSY are to attract investments in irrigation system at field level, develop and expand cultivable land in the country, enhance ranch water use in order to minimize wastage of water, enhance crop per drop by implementing water-saving technologies and precision irrigation.
The Government then introduced in 1999-2000, a new scheme titled “National Agricultural Insurance Scheme” (NAIS) or “Rashtriya Krishi Bima Yojana” (RKBY). [ 6 ] NAIS envisages coverage of all food crops (cereals and pulses), oilseeds, horticultural and commercial crops. It covers all farmers, both loanees and non-loanees, under the scheme.
PM Fasal Bima Yojana (PM Crop Insurance Scheme) CS Multiple 2016 Agriculture Insurance and finance scheme for farmers. [48] Stand-Up India: CS MoF, MoSJE: 2016 Entrepreneurship Loans for scheduled castes, scheduled tribes and women entrepreneurs for greenfield enterprises. Loans can be applied online. [49]
From Kharif 2016, the Govt. has launched a new Crop Insurance Scheme – Pradhan Mantri Fasal Bima Yojna (PMFBY). AIC is the leading Implementing Agency of this Scheme. Since inception, AIC is the leading crop insurer of the country and is the largest insurer in term of number of farmers insured in the world and presently the Market Leader with ...
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Former Minister for Agriculture and Farmers' Welfare, Shri Radha Mohan Singh interacting with the regional media through video conferencing on “Pradhan Mantri Fasal Bima Yojna”, in New Delhi. Launched in 2016, this scheme replaces erstwhile National Agriculture Insurance Scheme and Modified National Agriculture Insurance Scheme.
Krishi Vigyan Kendra. A Krishi Vigyan Kendra (KVK; transl. "farm science centre") is an agricultural extension center in India. The centres are associated with a local agricultural university, and serve as links between the Indian Council of Agricultural Research and farmers to apply agricultural research in a practical, localized setting.